Big Win for KBR as NASA Hands Over $2.5B Space Support Contract

Core Insights - KBR, Inc. secured a $2.459 billion contract from NASA, enhancing its backlog and potentially increasing the total contract value to approximately $3.6 billion through 2035 [1][9] - The stock price of KBR increased by 1.4% during the trading session and 1.1% in after-hours trading, reflecting positive investor sentiment due to the contract win [2] - KBR's new contract involves support services for various NASA programs, focusing on astronaut health and safety for future space missions [3][5] Backlog and Financial Performance - As of July 4, 2025, KBR's backlog rose 7.3% year-over-year to $21.57 billion, with the Mission Technology Solutions segment contributing $17.85 billion [12] - The trailing 12-month book-to-bill ratio stands at 1.0x, indicating a balanced inflow of new contracts relative to revenue [12] Partnership and Expertise - KBR has nearly six decades of experience in supporting human spaceflight operations, reinforcing its long-standing partnership with NASA [5] - Recent successful underwater tests for the Axiom Extravehicular Mobility Unit (AxEMU) demonstrate KBR's capabilities in developing next-generation spacesuits for NASA's Moon mission [6] Market Position and Stock Performance - KBR's shares have outperformed the Zacks Engineering - R and D Services industry, gaining 10.9% in the past month [8] - The company is well-positioned to benefit from favorable public spending in the U.S., despite facing macroeconomic challenges [11]